Constellation Brands - STZ Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STZ shares.
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18 Wall Street research analysts have issued 1-year target prices for Constellation Brands' shares. Their STZ share price forecasts range from $200.00 to $278.00. On average, they predict the company's share price to reach $250.71 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price.
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Constellation Brands' stock was trading at $231.75 at the beginning of the year. Since then, STZ shares have decreased by 5.3% and is now trading at $219.49.
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Constellation Brands saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 2,260,000 shares, a drop of 20.1% from the February 28th total of 2,830,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.4% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 6th 2023.
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Constellation Brands will be holding an earnings conference call on Thursday, April 6th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Constellation Brands, Inc. (NYSE:STZ) posted its quarterly earnings results on Thursday, January, 5th. The company reported $2.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by $0.05. The firm had revenue of $2.44 billion for the quarter, compared to analysts' expectations of $2.38 billion. Constellation Brands had a net margin of 0.98% and a trailing twelve-month return on equity of 19.69%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.12 EPS.
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Constellation Brands announced a quarterly dividend on Wednesday, January 4th. Shareholders of record on Wednesday, February 8th will be given a dividend of $0.80 per share on Wednesday, February 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Tuesday, February 7th.
Read our dividend analysis for STZ.

ETFs with the largest weight of Constellation Brands (NYSE:STZ) stock in their portfolio include Cambria Cannabis ETF (TOKE), American CenturyFocused Dynamic Growth ETF (FDG), First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), B.A.D. Etf (BAD), Invesco DWA Consumer Staples Momentum ETF (PSL), VanEck Morningstar ESG Moat ETF (MOTE) and ALPS Hillman Active Value ETF (HVAL).

Constellation Brands (NYSE:STZ) pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.49%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 914.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, STZ will have a dividend payout ratio of 27.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STZ.

Constellation Brands updated its FY 2023 earnings guidance on Thursday, January, 5th. The company provided EPS guidance of $11.00-$11.20 for the period, compared to the consensus estimate of $10.94. The company issued revenue guidance of -.

21 employees have rated Constellation Brands Chief Executive Officer Bill Newlands on Glassdoor.com. Bill Newlands has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO).

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

Constellation Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (2.13%), Morgan Stanley (2.06%), Moneta Group Investment Advisors LLC (2.03%), Aristotle Capital Management LLC (1.94%), Alliancebernstein L.P. (1.66%) and Geode Capital Management LLC (1.52%). Insiders that own company stock include 2015 Business Holdings Lp Rht, Daniel J Mccarthy, Garth Hankinson, James A Jr Sabia, James O Bourdeau, Jeremy S G Fowden, Judy Schmeling, Kaneenat Kristann Carey, Richard Sands, Robert Lee Hanson, Robert Sands, Thomas Michael Kane, Wildstar Partners Llc, William A Newlands and William A Newlands.
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Shares of STZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STZ stock can currently be purchased for approximately $219.49.

Constellation Brands (NYSE:STZ) has a market capitalization of $40.51 billion and generates $9.56 billion in revenue each year. The company earns $-40,400,000.00 in net income (profit) each year or $0.35 on an earnings per share basis.

The company employs 10,000 workers across the globe.

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The official website for the company is www.cbrands.com. The company can be reached via phone at (585) 678-7100, via email at patty.yahn-urlaub@cbrands.com, or via fax at 302-655-5049.